Steel billet producers in the Commonwealth of Independent States (CIS) have become increasingly bullish due to a strong international raw materials market, despite buying activity remaining limited, sources told Fastmarkets on Tuesday November 17.
Offers for CIS-origin billet with January shipment were heard mainly within the range of $445-450 per tonne fob Black Sea, but some suppliers were trying to get even higher prices, market participants said.Meanwhile, customers' think prices...